I made a calculation on the back of an envelope but I couldn’t read my own figures. Never mind. I know it will work. It will do exactly what it is intended to do. Crash the system. If you think for one minute that the Central Banks have let Trump introduce arbitrary tariffs on a whim then I don’t know what to say to you.
You are about to be liberated of all your wealth. No more money worries because you won’t have any. Now enjoy liberation day.
Trump’s BANANAS Approach To Launching New Tariffs! w/ James K. Galbraith (11 min)
Carol Roth on Trump’s tariffs and the market meltdown | Redacted w Natali and Clayton Morris (13 min)
“We Need To Trust Trump To Run The Global Economy!” w/ James K. Galbraith (8 min)
Yeah…but NO. Where is he going to get his orange dye from? I thought it was imported from Chyna.
This article has been tagged under China, Australia and economics. What is happening between China and Australia is a microcosm for what is happening globally. How much of China’s problems are staged and how many are self-inflicted wounds? They are facing enormous internal disruptions and flooding. The flooding is due to the changing global jet streams which is in turn due to space weather. And what is up with those extended supply lines and just-in-time delivery? All those ships waiting to unload at the Port of LA.
It is a good thing that Santa gets all his Xmas presents made by elves at the North Pole because if he had to rely on China he would be stuffed.
Gravitas: China gripped by floods and blackouts (13 Oct 6 min)
Gravitas Plus: The Supply chain crisis (11 Oct 9 min)
How did Beijing dig a massive hole for itself? And why Australia could shrug off China… (17 min)
Delays, High Prices, and Shortages: The Consequences of LA’s Congested Ports | Sal Mercogliano (9 Oct 35 min)